SCHOOL SPECIALT (SCHS) – Profit Tracks
Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid.Here is a synopsis of why DCO and SCHS have a Zacks Rank of #5 (Strong Sell) and should most likely be sold or avoided for the next one to three months. Note that a #5 Strong Sell rating is applied to 5% of all the stocks in the Zacks Rank universe:
Ducommun Inc. (DCO) reported first-quarter earnings of 40 cents per share on May 3 that lagged the Zacks Consensus Estimate by 23%. Quarterly sales decreased to $104.3 million from last year's $111.4 million. The full-year average forecast moved down 13 cents to a profit of $1.87 per share over the past month. Estimate for 2011 dipped 14 cents to $2.14 per share in the same period.
School Specialty, Inc's (SCHS) fourth-quarter loss of 73 cents per share, reported on June 10, came in 11 cents wider than analysts' expectations. The company's loss in the year-ago period stood at 60 cents per share. The Zacks Consensus Estimate for the full year declined 56 cents to a profit of $1.12 cents per share in the last month as all of the 3 covering analysts reduced projections.
Here is a synopsis of why APOG and FIX have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months. Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks;
Apogee Enterprises, Inc. (APOG) announced a first-quarter loss of 13 cents per share on June 22 that was 8 cents worse than the average forecast. The Zacks Consensus Estimate widened to a loss of 13 cents per share from 3 cents over the past week as one analyst out of 5 pulled back on expectations. Next year's estimate fell 7 cents to 35 cents per share during that time.
Comfort Systems USA, Inc. (FIX) posted first-quarter earnings of 3 cents per share on May 4, which came in 77% behind the Zacks Consensus Estimate. Revenues slipped 16% year over year to $236.5 million. The current-year average forecast now stands at 35 cents per share, which slid a penny in the last 30 days as one analyst out of 6 slashed projections.
APOGEE ENTRPRS (APOG): Free Stock Analysis Report
DUCOMMUN INC DE (DCO): Free Stock Analysis Report
COMFORT SYSTEMS (FIX): Free Stock Analysis Report
SCHOOL SPECIALT (SCHS): Free Stock Analysis Report
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